A third of people who have managed to build savings during the coronavirus pandemic do not plan to spend any of this cash as restrictions are eased, according to a financial confidence survey.
Just over half (56%) of people have managed to save during the lockdowns, comparethemarket.com’s household financial confidence tracker found.
Some 33% of people plan to sit on the money they have put away rather than spend it, and the same proportion say they are planning to spend less than half of the money they have set aside.
Some 31% will put their spare cash towards holidays, while 18% will look to spend in pubs, cafes and restaurants.
The survey, carried out in early April, also asked people which activities they will do less often in future than they did before the coronavirus pandemic, as restrictions are gradually eased at different rates across the UK.
More than a third (35%) of people expect to eat out less often, 32% will board flights less frequently, 24%…